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Latest real estate transfers

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Reported by Suffolk Research Service for the period June 16-June 30, 2021

Pandemic-fueled surge in East End real estate market pushes preservation tax revenues to new record highs

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The red-hot real estate market on the East End continues to push home prices higher and break revenue records for the Peconic Bay Community Preservation Fund, which is generated by a 2% tax on real estate transfers in the five East End towns. High demand in the luxury markets on both forks continues to drive the growth.

Latest real estate transfers

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Reported by Suffolk Research Service for the period June 1 - June 15, 2021.

Latest real estate transfers

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Reported by Suffolk Research Service for the period May 16-May 31, 2021

Latest real estate transfers

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Reported by Suffolk Research Service for the period May 1-May 15, 2021

Town takes title to Main Street buildings for development of town square

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Riverhead buys three East Main Street buildings for $4.85 million, with plans to demolish two vacant buildings and renovate and expand the third.

Latest real estate transfers

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Reported by Suffolk Research Service for the period April 16-April 30, 2021

Fourth large solar energy facility in Calverton clears major hurdle

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The Riverhead Planning Board last night granted preliminary site plan approval to the proposed Calverton Solar Energy Center, a 22.9 megawatt commercial solar energy production facility to be built on approximately 198 acres off Edwards Avenue in Calverton.

Large marijuana grower makes $42.5 million investment in Riverhead farm

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Columbia Care, one of the country's largest marijuana growers and operators of medical marijuana dispensaries, has purchased a 34-acre farm and greenhouse facility in Riverhead for $42.5 million.

Local homeowners shocked by thousands in unauthorized mortgage payments withdrawn from their bank accounts

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Unauthorized payments to the Texas-based mortgage servicing company known as Mr. Cooper left checking accounts overdrawn and people unexpectedly without access to their money.
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